If you end up beating the odds and winning the top prize in Friday night's drawing, here are some tips for what to do first.
You also should turn to experienced professionals to help guide you through the claiming process and the many facets of protecting your windfall. Your team should include an attorney, financial advisor, tax advisor and insurance professional.
Either way, the money would face a 24% federal tax withholding before it reaches you. For this jackpot, taking the cash would mean about $69.8 million getting shaved off the top, leaving you with a cool $221.1 million. Depending where you won the jackpot, there also may be state taxes withheld. It's also worth giving some thought to how your life is going to change — not just from a financial aspect.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TikTok's First Mega Group Has Been AssembledWell, it's happened. The first full pop group sourced from TikTok is finally here. Introducing The Future X, the latest endeavor spearheaded by Simon Fuller, the former manager of and mastermind behind some of music's favorite groups and shows, including The Spice Girls and 'American Idol.'
Read more »
Did a mega drought topple empires 4,200 years ago?People abandoned thriving cities in Mesopotamia, the Indus Valley and farther afield at about the same time as a decades-long drought gripped parts of the planet.
Read more »
Border concerns mean a 'mega crisis' for US: Walid PharesFox News National Security analyst Walid Phares describes how the southern border is both a domestic and international crisis.
Read more »
Powerball winning numbers for Wednesday, Jan. 27, 2022; jackpot $91 millionThe Powerball jackpot is an estimated $91 million for the drawing on Wednesday, Jan. 26, 2022.
Read more »
Did you win Wednesday’s $91M Powerball drawing? Winning numbers, live results.The winning Powerball lottery numbers are drawn Wednesday, Jan. 26, 2022, at 10:59 p.m. The Powerball jackpot drawing today (01/26/2022) is worth an estimated $91 million for a single winner.
Read more »